Libertas School

Organization Overview

Libertas School is located in Memphis, TN. The organization was established in 2014. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2024, Libertas School employed 144 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Libertas School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2024, Libertas School generated $9.9m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 21.6% each year . All expenses for the organization totaled $7.9m during the year ending 06/2024. While expenses have increased by 16.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

OUR MISSION IS TO BE A SCHOOL FOR HUMAN FLOURISHING: CULTIVATING THE MINDS, HANDS, AND HEARTS OF CHILDREN IN MEMPHIS FOR LIVES OF WONDER, WORK, AND LOVE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LIBERTAS IS A PUBLIC CHARTER SCHOOL OFFERING PRIVATE SCHOOL QUALITY EDUCATION. LIBERTAS OFFERS RICH, RIGOROUS AND PERSONALIZED LEARNING THROUGH THE LIBERAL ARTS EDUCATION APPROACH OF DR. MARIA MONTESSORI AND CORE KNOWLEDGE.


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Board, Officers & Key Employees

Name (title)Compensation
Lee Adams
Board Member
$0
Andrew Boord
Treasurer
$0
Vinessa Brown
Board Member
$0
Brittney Diseroad
Board Member
$0
Francis Ginski
Secretary
$0
Jamesha Hayes
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $5,788,161
All other contributions, gifts, grants, and similar amounts not included above$3,876,755
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$9,664,916
Total Program Service Revenue$115,843
Investment income $121,058
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $9,901,817

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